cop28bundle – The News Desk

11Dec

By adminNo Comments

Money

What India Needs to Ditch Coal

India’s climate ambitions are a paradox. The South Asian giant has set aggressive targets for clean energy deployment, and is seen as one of the most attractive developing markets for renewable investment. Yet it refuses to turn its back on coal.India, along with China, has opted out of the Global Renewables and Energy Efficiency pledge at the COP28 climate conference in Dubai—which included a commitment to curtail investment in new coal power. Coal currently meets nearly three-quarters of India’s growing energy needs. Moreover higher electricity capacity will, ironically, be key to survival in its increasingly hot weather as air conditioning needs rise.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

11Dec

By adminNo Comments

World

What India Needs to Ditch Coal

India’s climate ambitions are a paradox. The South Asian giant has set aggressive targets for clean energy deployment, and is seen as one of the most attractive developing markets for renewable investment. Yet it refuses to turn its back on coal.India, along with China, has opted out of the Global Renewables and Energy Efficiency pledge at the COP28 climate conference in Dubai—which included a commitment to curtail investment in new coal power. Coal currently meets nearly three-quarters of India’s growing energy needs. Moreover higher electricity capacity will, ironically, be key to survival in its increasingly hot weather as air conditioning needs rise.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

The Chinese and American Climate Negotiators Pushing for a Deal

10Dec

By adminNo Comments

World

The Chinese and American Climate Negotiators Pushing for a Deal

DUBAI—A crucial round of U.S.-China climate talks was over, but John Kerry wasn’t done. As the Chinese motorcade left for the DoubleTree hotel near the airport, the chief U.S. climate negotiator jumped into a car with his Chinese counterpart.The two men go way back and stayed in touch even when relations between the two countries were frozen. Now they are driving final negotiations at the United Nations climate conference in Dubai.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Future of Fossil Fuels at Stake in Homestretch of Climate Talks

9Dec

By adminNo Comments

World

Future of Fossil Fuels at Stake in Homestretch of Climate Talks

DUBAI—Fossil-fuel producers are fighting an existential battle here in the final stretch of the United Nations climate conference against countries that want to end the burning of coal, oil and natural gas.Europe and a handful of nations on the front lines of climate change are demanding that a final agreement at the conference, known as COP28, include a phase out of fossil fuels. One option in a draft of the agreement circulating on Friday evening calls for “a phase out of fossil fuels in line with best available science.”Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Billions in U.S. Funding Hasn’t Convinced Developing World to Ditch Coal

3Dec

By adminNo Comments

World

Billions in U.S. Funding Hasn’t Convinced Developing World to Ditch Coal

Updated Dec. 3, 2023 12:04 am ETJOHANNESBURG—Wealthy nations are sending tens of billions of dollars to poorer ones for clean energy, the linchpin of a global strategy to cut greenhouse-gas emissions in the developing world.But two of the most ambitious efforts yet—in South Africa and Indonesia—are now at risk of unraveling, sowing doubts about the rich world’s ability to push developing countries away from coal and other fossil fuels.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Rift Over Fossil Fuels to Dominate COP28

1Dec

By adminNo Comments

World

Rift Over Fossil Fuels to Dominate COP28

DUBAI—World leaders gathered for climate talks in this oil-rich corner of the globe amid sharp divisions over how quickly governments need to wean their economies off fossil fuels to prevent the planet from blowing past the Paris accord’s temperature targets.Vice President Kamala Harris was expected to join Brazilian President Luiz Inácio Lula da Silva, French President Emmanuel Macron and a host of leaders from across the Gulf region Friday at the start of a two-day summit to kick off the United Nations’ annual climate talks, known as COP28.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

COP28: Why the Climate Summit Matters and What’s at Stake

30Nov

By adminNo Comments

World

COP28: Why the Climate Summit Matters and What’s at Stake

Updated Nov. 30, 2023 12:10 am ETListen to article(2 minutes)More than 190 governments are gathering in Dubai starting Thursday for the United Nations’ annual two-week summit where nations attempt to forge a collective response to the problem of climate change.This year, four topics are expected to dominate the negotiations: a report on the worldwide implementation of the landmark Paris accord called the “global stocktake,” the future of fossil fuels, climate finance for poorer countries and the setting up of a fund to pay for climate damage.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8